NYT Files 8-K on Financial Results & Condition
Ticker: NYT · Form: 8-K · Filed: Feb 7, 2024 · CIK: 71691
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K
TL;DR
**NYT just dropped its latest financial results, time to check the numbers!**
AI Summary
The New York Times Company filed an 8-K on February 7, 2024, to report its financial results and condition, specifically under Item 2.02, and to furnish related exhibits under Item 9.01. This filing indicates the company is providing an update on its performance, which is crucial for investors to assess the company's financial health and future prospects. For shareholders, this matters because it offers transparency into the company's operational success and profitability, directly influencing stock valuation and investment decisions.
Why It Matters
This filing provides investors with the latest financial performance data for The New York Times Company, enabling them to make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which generally carries low risk as it provides transparency rather than indicating a negative event.
Analyst Insight
A smart investor would review the full financial statements and exhibits once they are available to understand the specifics of the 'Results of Operations and Financial Condition' reported in this 8-K, as this filing only announces the report, not the details.
Key Players & Entities
- The New York Times Company (company) — registrant filing the 8-K
- February 7, 2024 (date) — date of earliest event reported and filing date
- New York Stock Exchange (company) — exchange where Class A Common Stock is registered
- NYT (company) — trading symbol for Class A Common Stock
- 620 Eighth Avenue, New York, New York 10018 (company) — principal executive offices address
FAQ
What is the purpose of this 8-K filing by The New York Times Company?
The purpose of this 8-K filing is to report on the company's 'Results of Operations and Financial Condition' under Item 2.02 and to furnish 'Financial Statements and Exhibits' under Item 9.01, as indicated in the 'ITEM INFORMATION' section.
When was the earliest event reported in this 8-K filing?
The 'Date of Report (Date of earliest event reported)' for this 8-K filing is February 7, 2024.
What is the trading symbol and the exchange where The New York Times Company's Class A Common Stock is registered?
The trading symbol for The New York Times Company's Class A Common Stock is NYT, and it is registered on the New York Stock Exchange.
What is the business address and phone number of The New York Times Company as listed in the filing?
The business address is 620 Eighth Avenue, New York, New York 10018, and the business phone number is (212) 556-1234.
Is The New York Times Company considered an 'emerging growth company' according to this filing?
No, the filing indicates with an unchecked box that The New York Times Company is not an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 502 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-02-07 07:00:21
Filing Documents
- nyt-20240207.htm (8-K) — 27KB
- pressrelease12312023.htm (EX-99.1) — 692KB
- nytcologoa.jpg (GRAPHIC) — 587KB
- 0000071691-24-000027.txt ( ) — 1691KB
- nyt-20240207.xsd (EX-101.SCH) — 2KB
- nyt-20240207_lab.xml (EX-101.LAB) — 23KB
- nyt-20240207_pre.xml (EX-101.PRE) — 12KB
- nyt-20240207_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 7, 2024, The New York Times Company (the "Company") issued a press release announcing its financial results for the quarter and year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated by reference. The information in this Item 2.02, including Exhibit 99.1 attached hereto, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description Exhibit 99.1 The New York Times Company Press Release, dated February 7, 2024 Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE NEW YORK TIMES COMPANY Date: February 7, 2024 By: /s/ Diane Brayton Diane Brayton Executive Vice President and General Counsel